Day Trading Blog - This Stock Blog gives insight on daily stock market trading as well as stock trading analysis. We also list stocks to buy, top stocks, stock picks, and the best stocks to invest in 2020. If you are looking for a stock blog about hot stocks that are rising, you came to the right place. Right now my top stocks for 2020 are SHAK, TNA, GBTC, UDOW and SPXL. Visit http://blackberrystocks.com/topstocks2020.html

Thursday, May 16, 2013

The Dow Jones and Stock Market were higher on Thursday. Will the stock market go up or down on Friday? Keep tabs on the stock market futures which will predict the open on Friday. If you are a stock trader or investor, check out my stock picks group. We are making some big trades in there right now. Sign in and sign up.

The Dow Jones Industrial Average closed at 15233on 5/16/13, as the stock market actually went down today. The market traded flat most of the day thanks to good earnings from Cisco Systems (CSCO) last night but fell apart in the final hour of trading. Keep an eye on SINA & JCP earnings tonight. We will be watching these in the stock picks group.

Below is a list of stocks that are rising in 2013. The valuations are high, the stock prices are high, but they are expected to rise higher

Zillow (Z) - Zillow (Z) has been one of the top rising stocks in the past 6 months. The stock bottomed in the $20's in late 2012 but are now testing $60 in 2013. Zillow (Z) is the king of real estate on the internet and I think this stock can hit $90 in 2014.

Tesla (TSLA) - Tesla (TSLA) has rallied from $30-$97 in a few short months. Last week, the company swung to It's first quarterly profit ever. The stock is rising today after Tesla raised new money in which the CEO will buy around 1.2 million shares to hold. TSLA is a buy below $80 per share on another dip.

Netflix (NFLX) - Shares of Netflix (NFLX) have been rising over the last 3 months after Carl Icahn took a stake in the company along with huge earnings beats. Netflix (NFLX) has rallied from $60 last summer to $245 as we head into the summer of 2013. NFLX is a buy below $200 per share.

Tesla Motors (TSLA), the electric car company, turned it's first ever quarterly profit last week. TSLA stock almost doubled since then, hitting a high of $97.12 recently. So what is the outlook for Tesla (TSLA) going forward?

Tesla (TSLA) stock dropped to $78.11 on Wednesday but is back in the $90's today after a stock offering in which the founder is buying half of the shares and holding. TSLA should hit $100-$105 if the stock breaks $97.12. Expect a large short squeeze. I won't buy TSLA stock unless it drops below $80 again.

Apple (AAPL) stock rallied 4% off the $419 low on Thursday one day after everyone turned bearish again. Apple (AAPL) likely put in a higher low this morning and completed the end of a reverse head and shoulders pattern. If the stock closes back above $441, I expect the stock to retest the recent highs. Everyone thought AAPL stock would fall to $350 after earnings but instead it hit the $460's which made the bears even more mad. Apple (AAPL) is a strong buy below $400 and I will be buying more if we see the stock fall that low.

Below is a list of stocks to buy on Thursday. These stocks are active and have the potential to break out this week.

Tesla (TSLA) - Shares of Tesla (TSLA) rallied back above $90 on Thursday after the company raised money through a stock sale. The best part is that the founder, Elon Musk, will be buying 1.2 million shares in the offering. This has been one of the best trading stocks as of late. Buy TSLA below $82, sell into rallies.

Apple (AAPL) - Apple (AAPL) stock is rebounding on Thursday. AAPL will now have support around $419 and resistance at $441. Trade off of these two levels.

Netflix (NFLX) - Netflix (NFLX) stock is now trading near $240. NFLX will have support around $220 per share. Also keep an eye on HGSH & RVLT which are the hottest stocks in 2013 above $2. Biggest Gainers 2013

Ecotality (ECTY) - ECOtality, Inc. (ECTY) is the top penny stock in 2013 - ECTY will have resistance at $2.20 this week.

The Fresh Market (TFM) - I recently purchased TFM in my long term account around $41.30. TFM is trading back near $45. I like the long term growth story for this company and I plan to buy more stock on a pullback.